The Trend-Range Process begins with an alert and further analysis. Most of the alerts that eventually make it all the way to a high conviction recommendation fall into one of six chart categories. The 6 charts identify patterns that are actionable. The 6 chart patterns are listed and illustrated below:
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Uptrend intact, recent decline is a buying opportunity
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Uptrend violation, sell at new resistance
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Downtrend intact, recent rally is a selling opportunity
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Downtrend violation, buy at new support
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Bottom of range, buy at established support
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Top of range, sell at established resistance
<-My video for 6 charts
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